The Inescapable Reality of Economic Tradeoffs: Environmental Econ 101
HT over to Mark Perry @ Carpe Diem a few days ago. Mark highlights the unintended (but perfectly predictable) consequences of environmental restrictions on new pipeline development in the Northeast part of the United States. Mr. Perry asks the question: “Why is LNG coming 4,500 miles to Boston from the Russian Arctic when the US is the world’s No. 1 natural gas producer? In the article, Mr. Perry links to a Boston Globe op-ed which subsequently picked up on his theme:… Continue Reading ››
Posted in: Global Warming/Climate Change, How not to do political economy
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